Group Business Entity definition

Group Business Entity means;
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Group Business Entity means a Business Entity, which directly or indirectly holds not less than 26% of voting securities in the Bidder; or A Business Entity in which the Bidder directly or indirectly holds not less than 26% of voting securities.
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Group Business Entity means a Business Entity, which directly or indirectly or through common control holds not less than 26% of voting securities in the Bidder; or A Business Entity in which the Bidder directly or indirectly or through common control holds not less than 26% of voting securities.
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Examples of Group Business Entity in a sentence

  • The Parties hereby submitted their Bids only through this JV and not individually and/ or through any other consortium constituted for this Project, either directly or indirectly or through any of their Group Business Entity.

Related to Group Business Entity

  • Business entity means a natural or legal person, business corporation, professional services corporation, limited liability company, partnership, limited partnership, business trust, association or any other legal commercial entity organized under the laws of this State or of any other state or foreign jurisdiction;

  • minority business enterprise means any small contractor or supplier of materials fifty-one percent or more of the capital stock, if any, or assets of which is owned by a person or persons: (1) who are active in the daily affairs of the enterprise, (2) who have the power to direct the management and policies of the enterprise, and (3) who are members of a minority, as such term is defined in subsection (a) of Connecticut General Statutes § 32-9n; and

  • Parent Business has the meaning set forth in the Separation and Distribution Agreement.